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Technology Stocks : Disk Drives - Buy When BLOOD is in the street -- Ignore unavailable to you. Want to Upgrade?

To: Johnathan C. Doe who wrote (57)11/10/1997 2:58:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 93
 
Well, there was enough WDC blood for me this morning. At 22 1/8, with its PSR less than 0.5, I'm now in. and hoping PSR returns to 1.1 (because P goes up, not because S goes down ;-) ).

Ian.



To: Johnathan C. Doe who wrote (57)11/10/1997 4:28:00 PM
From: John Ritter  Read Replies (1) | Respond to of 93
 
There seems to be something significant happening to the disk drive sector, amplified by a weak market. Perhaps the technology for greater density and speed has exceeded the market requirements for storage. APM is down and that stock was being pushed as a potential run to 60 by some brokers, base don the pe, somethng strange here.


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